Massive Fraud Uncovered In YouWin Programme
You remember the Youth Enterprise With Innovation In Nigeria, YouWiN programme? Was it fraudulent?
We’ll soon know. An ongoing investigation, ordered by the Minister of Finance, Mrs. Kemi Adeosun, has uncovered traces of massive fraud in the programme.
A reliable source in the ministry of finance told The PUNCH that investigators have discovered that some senior civil servants gave out or facilitated slots worth between 7 and 10 million Naira each to their spouses, children and friends.
Some of these awardees, the source said, would not have qualified for the grants if they were not aided by their “connections” within and outside the ministry.
An original initiative of the ministry which began during the former President Goodluck Jonathan’s administration, YouWin, was conceived to help youth entrepreneurs grow existing businesses and create employment.
The source, who insisted that the probe had not been concluded by the investigators, added that their initial findings were so worrisome that the minister had decided that the entire programme should be restructured.
“The fraud uncovered in the programme made the minister to restructure the programme and turn its focus into enterprise education,” the source added.
The source did not, however, state whether any of the country’s anti-graft agencies had joined the investigators whom our correspondent was made to understand were ministry of finance officials.
But if it was so bad why is the Buhari administration reviving it?